#Ras al-Hekma

Orascom - El Gouna

Orascom’s success story: A model for Egypt’s economic resurgence

From Egypt’s serene beaches to Switzerland’s snow-capped peaks, Orascom’s success lies in its ability to create spaces where people can truly live well

Egypt

Egypt government launches $21bn ‘South Med’ real estate mega-project

Spanning 23 million square metres, “South Med” will feature over 2,000 hotel rooms and residential units, and a large international marina

Egypt

World Bank announces $700m in financing for Egypt

The World Bank projects that the support programme will create jobs, strengthen the economy, and enhance Egypt’s resilience to environmental and economic challenges

Egypt-ras al-hekma-UN-HABITAT

Egypt receives second payment of $14bn from UAE

The deal with Abu Dhabi sovereign fund ADQ to develop the peninsula 200 km west of Alexandria includes a total of $35bn in investments